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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of stock option activity during the twelve months ended December 31, 2015 under our stock option agreements is as follows:
 
 
 
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
 
Weighted-
 
Average
 
 
 
 
 
Shares
 
Average
 
Remaining
 
Aggregate
 
 
Under
 
Exercise
 
Contractual
 
Intrinsic
 
 
Option
 
Price
 
Life
 
Value
 
Outstanding at January 1, 2015
 
 
-
 
 
 
 
 
 
 
 
 
Granted
 
 
768,000
 
$
0.75
 
 
 
 
 
 
Exercised
 
 
-
 
 
 
 
 
 
 
 
 
Forfeited and expired
 
 
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Outstanding at December 31, 2015
 
 
768,000
 
$
0.75
 
9 years
 
$
115,200
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Exercisable at December 31, 2015
 
 
528,000
 
$
0.75
 
9 years
 
$
79,200
 
Employee Stock Option [Member]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The weighted average estimated values of director stock option grants, as well as the weighted average assumptions that were used in calculating such values during the twelve months ended December 31, 2015, were based on estimates at the date of grant as follows: 
 
Risk-free interest rate
 
1.43
%
Weighted average expected term
 
5 years
 
Expected volatility
 
143.10
%
Expected dividend yield
 
0.00
%